$SOL Solana（$SOL）recently dropped from a January peak of $295 to $111.2, a decline of over 60%. It has now rebounded to around $125, with a 17.5% increase in the past week. The total locked value (TVL) surged by 12% to $7.08 billion, surpassing Tron and Base, indicating a return of DeFi users. Institutional interest is heating up, with Janover increasing its SOL holdings to $21.2 million and planning to run a validation node. Meme coins like Popcat and Bonk surged by 50% and 13%, respectively, boosting ecosystem enthusiasm. However, technical indicators show that $SOL must maintain the 50-day moving average at $130 and break through the resistance range of $160-180 to sustain its upward trend. Concerns about network stability and security persist, as the Bybit airdrop error further highlights the challenges. $SOL has shown resilience amid market volatility, and its future performance is highly anticipated.